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Blockchain In Genomics Market Poised To Hit $2.35 Billion By 2030 With A 18.3% CAGR
The blockchain in genomics market size has seen rapid growth in recent years. This market is expected to expand from $1.01 billion in 2025 to $1.2 billion in 2026, achieving a compound annual growth rate (CAGR) of 19.2%. The expansion observed historically stems from factors such as increasing demand for personalized medicine, a rise in genomic data generation, the adoption of cloud-based genomic platforms, an increasing requirement for secure data sharing, and progress in genomics research and sequencing technologies.
The blockchain in genomics market size is anticipated to experience substantial growth over the next few years. It is projected to reach $2.35 billion in 2030, demonstrating a compound annual growth rate (CAGR) of 18.3%. This projected growth can be attributed to the integration of blockchain with AI in genomics, the expansion of genomic data marketplaces, the increasing adoption of tokenized genomic data models, the growth of b2b and b2c genomic services, and a rising regulatory focus on data privacy and security in genomics. Prominent trends for the forecast period include secure genomic data storage, blockchain-based genomic data sharing, patient consent management on blockchain, automated genomic data access control, and the tokenization of genomic data.
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Blockchain In Genomics Market Demand Drivers Opening New Revenue Streams
The increasing integration of digital tools is anticipated to fuel the expansion of the blockchain in genomics market moving forward. Digital adoption entails the incorporation of new digital systems and technologies to optimize work processes and meet various objectives. The global COVID-19 pandemic significantly accelerated digital adoption, as strict lockdowns and social distancing measures necessitated that individuals and businesses rely on digital platforms for communication, learning, commerce, and leisure. Digital instruments, such as software, hardware, and online platforms, are utilized in blockchain in genomics to strengthen the encryption and security of genomic data, thereby guaranteeing its privacy and safeguarding. For instance, according to a report published in May 2024 by Eurostat, a Luxembourg-based government agency, in 2023, 8.5% of individuals in the EU aged 16 to 74 participated in online consultations through the internet. Consequently, the rising need for digital health solutions is driving the growth of the blockchain in genomics market.
Blockchain In Genomics Market Segments: Where Is Growth Concentrated?
The blockchain in genomics market covered in this report is segmented –
1) By Service: Utility Tokens, Blockchain Platforms
2) By Business Model: Business-To-Business (B2B) Business Model, Business To Consumer (B2C) Business Model, Consumer-to-Business (C2B) Business Model
3) By Application: Automated Health Insurance, Pharmaceutical And Biotechnology Companies, Hospitals And Healthcare Providers, Research Institutes, Data Owners, Other Applications
Subsegments:
1) By Utility Tokens: Access Tokens, Functional Tokens
2) By Blockchain Platforms: Public Blockchain Platforms, Private Blockchain Platforms, Consortium Blockchain Platforms
Blockchain In Genomics Market Trends Powering Strategic Industry Growth
Leading companies within the blockchain-in-genomics market are forming strategic alliances to develop blockchain-based Proof of Personhood (PoP) credentials, leveraging DNA testing for highly secure and sybil-resistant identity verification. For example, in February 2025, Humanity Protocol, a China-based blockchain identity verification network, partnered with Prenetics, a China-based genomics firm, to integrate Prenetics’ CircleDNA service as an official Identity Validator within Humanity Protocol’s blockchain infrastructure. This collaboration combines advanced genetic testing with zero-knowledge proof technology to create privacy-preserving PoP credentials that effectively prevent Sybil attacks. Additionally, Prenetics is establishing a Crypto Strategic Reserve by investing $1.5 million in digital assets, including $H tokens, Bitcoin, and Solana, to support innovation at the intersection of blockchain, healthcare, and decentralized science. The partnership aims to unite genomic accuracy with blockchain capabilities to drive decentralized identity solutions for finance, healthcare, and governance, while maintaining strong privacy protections. This marks a significant advancement in bringing DNA-based identity verification into Web3 and decentralized ecosystems.
Blockchain In Genomics Market Key Participants And Competitive Landscape
Major companies operating in the blockchain in genomics market are International Business Machines Corporation; Sharecare Inc.; WuXi Nextcode Genomics Inc.; Health Utility Network Inc.; Medicalchain Ltd.; Futura Genetics LLC; Nebula Genomics Inc.; Digital DNAtix Ltd.; EncrypGen Inc.; Longenesis; Guardtime AS; Embleema Inc.; Patientory Inc.; Shivom Ventures Limited; BurstIQ LLC; Genobank.io Inc.; LunaDNA LLC; SimplyVital Health Inc.; Zenome.io Ltd.
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Blockchain In Genomics Market Geographic Analysis: Where Is Demand Rising Fastest?
North America was the largest region in the blockchain in genomics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blockchain in genomics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
